5 T. Boone Pickens Plays

His calls on natural gas & oil prices would send these shares flying

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First Trust ISE Revere Natural Gas Index Fund

Given the fact that so many U.S. energy firms have invested heavily in natural gas production during the past few years, a broad approach could be best and the First Trust ISE Revere Natural Gas Index Fund (NYSE:FCG) is the best way to do that.

The ETF tracks 31 different energy producers that derive a substantial portion of their revenues from the exploration and production of natural gas. This includes exposure to large-, mid- and small-cap firms, as well as plenty of potential takeover targets, such as Range Resources (NYSE:RRC).

So far, the ETF has been a real stinker, falling about 9.5% this year after losing 7% in 2011. This can be attributed to the continued decline in natural gas prices. However, if Pickens’ prediction comes true, the broad-based fund could charge. And you can get in for a relatively cheap 0.6% in expenses.

As of this writing, Aaron Levitt did not hold a position in any of the aforementioned securities.


Article printed from InvestorPlace Media, http://investorplace.com/2012/10/5-t-boone-pickens-plays-eca-kwk-ung-chk-fcg/.

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